The latest in the ongoing WTO saga over illegal subsidies:
Trade representatives said Monday that the U.S. has complied with a World Trade Organization ruling that found the Boeing Co. received illegal government handouts. The European Union is reviewing the U.S.'s claims. Boeing issued a statement saying that Airbus and the EU “have thumbed their noses at the WTO,” which previously found that the European jet maker also received illegal subsidies.
SPEEA and Boeing:
With a week to go before the Society of Professional Engineering Employees in Aerospace vote on Boeing's contract offer, the ugliness between the company and union continues. Union leaders are urging the company's 22,765 Puget Sound area members to reject Boeing's contract offer, which the company calls "market-leading."
Boeing added on Friday a pay and benefits estimator to its negotiations website. Over the weekend, the union added a list of frequently asked questions to its website.
On Monday, SPEEA issued a press release accusing Boeing of wanting to do away with retiree medical coverage. Boeing previously denied the charge in its clarification of contract details. The union's contract expires Oct. 6.
What's up with 777X?
The Wall Street Journal has this look at Boeing's internal struggle over what to do with the Everett-built 777. The company has been pondering an upgrade, known as 777X. But whether the refreshed 777 will have composite or metal wings has yet to be decided. Customers are weighing in on both sides of the debate.
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